NOT LISTED FOR SALE

6740 McFarren Rd Gosport, IN 47433

Estimated Value: $271,000 - $319,000

4 Beds
2 Baths
3,007 Sq Ft
$97/Sq Ft Est. Value

Last Sold August 11, 2020

Last sale price $185,000 $62 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $1,718/month

5 Days on Market

Highlights

  • Primary Bedroom Suite
  • Lake Property
  • Traditional Architecture
  • 19.85 Acre Lot
  • Partially Wooded Lot
  • Wood Flooring

About This Home

As of August 2020

Welcome to the Country! Nearly 20 acres and a 2000sq.ft. traditional farm house with 4 bedrooms and 2 full baths. The home has a Charming Country kitchen, a big living room and spacious master bedroom (434 sq. ft.) with beautiful hardwood floors, a walk in closet and private bath. The home has an enclosed front porch, and two covered side porches. This perfect hobby farm has two barns on the property and several small outbuildings. There is also a big hay field, a nice pond, room for a pasture area for animals and plenty of space for a garden. There is a whole house propane generator, a Mitsubishi cooling system for the upstairs bedrooms, newer metal roof and partial basement. The home is heated by baseboard heaters and a free standing gas stove in the living room area. The home has been vacant for a few months and does need some work. The property is located about 10 miles from I-70 for an easy Indy Commute or 25 minutes from Bloomington .

Last Agent to Sell the Property

Deborah Foutch

Owen County Home Company Listed on: 07/14/2020

Last Buyer's Agent

Michelle Papp

RE/MAX Acclaimed Properties

RE/MAX Acclaimed Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $976

Year Built

  • Built in 1930

Lot Details

  • 19.85 Acre Lot
  • Rural Setting
  • Partially Fenced Property
  • Level Lot
  • Irregular Lot
  • Partially Wooded Lot

Parking

  • 2 Car Detached Garage
  • Gravel Driveway
  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Metal Roof

Interior Spaces

  • 1-Story Property
  • Free Standing Fireplace
  • Workshop
  • Partially Finished Basement
  • Block Basement Construction
  • Washer Hookup

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms

Outdoor Features

  • Lake Property
  • Covered Patio or Porch

Schools

  • Gosport Elementary School
  • Owen Valley Middle School
  • Owen Valley High School

Utilities

  • Multiple Heating Units
  • Whole House Permanent Generator
  • Propane
  • Private Company Owned Well
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 60-07-14-300-100.000-029

Home Details

Home Type

Single Family

Est. Annual Taxes

$976

Year Built

Built in 1930

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1930
  • Age: 90
  • Style: One Story
  • Architectural Style: Traditional
  • Total Number of Rooms: 8
  • Total Number of Rooms Below Grade: 1
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: IN SW S14 T11 R3 19.85A
  • Parcel Number ID: 60-07-14-300-100.000-029
  • Platted: Yes
  • Amenities: Generator-Whole House, Porch Covered, Workshop, Main Level Bedroom Suite, Washer Hook-Up
  • Cross Street: Childers Road
  • Location: Rural
  • Road Access: County
  • Road Surface: Asphalt
  • Sp Lp Percent: 108.89
  • Year Taxes Payable: 2020
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 3407
  • Total Finished Sq Ft: 3007
  • Above Grade Finished Sq Ft: 3007
  • Below Grade Sq Ft: 400
  • Price Per Sq Ft: 61.52
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Basement Material: Block
  • Fireplace: Free Standing
  • Flooring: Hardwood Floors, Laminate
  • Living Great Room: Dimensions: 18x14, On Level: Main
  • Kitchen: Dimensions: 12x14, On Level: Main
  • Dining Room: Dimensions: 14x11, On Level: Main
  • Bedroom 1: Dimensions: 14x31, On Level: Main
  • Bedroom 2: Dimensions: 10x12, On Level: Main
  • Bedroom 3: Dimensions: 10x12, On Level: Upper
  • Bedroom 4: Dimensions: 10x12, On Level: Upper
  • Main Level Sq Ft: 3007
  • Number of Main Level Full Bathrooms: 2
  • Total Below Grade Sq Ft: 400

Exterior Features

  • Exterior: Aluminum
  • Roof Material: Metal
  • Outbuilding1: Barn, Dimensions: 21x24
  • Fence: Partial

Garage/Parking

  • Driveway: Gravel
  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 20x18
  • Garage Sq Ft: 360
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Heating Fuel: Propane, Multiple Heating Systems
  • Sewer: Septic
  • Water Utilities: Well
  • Electric Company: REMC
  • Well Type: Private

Schools

  • School District: Spencer-Owen Community Schools
  • Elementary School: Gosport
  • Middle School: Owen Valley
  • High School: Owen Valley
  • Elementary School: Gosport

Lot Info

  • Lot Description: Irregular, Level, Partially Wooded, 15+, Lake
  • Lot Dimensions: irregular
  • Estimated Lot Sq Ft: 864666
  • Estimated Lot Size Acres: 19.85

Tax Info

  • Annual Taxes: 975.88

MLS Schools

  • High School: Owen Valley
  • Middle School: Owen Valley
  • School District: Spencer-Owen Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2020
Closed on
Sep 22, 2020
Sold by
Five Star Investment Group Llc
Bought by
Ranard Tamra S
Seller's Agent
Deborah Foutch
Owen County Home Company
Buyer's Agent
Michelle Papp
RE/MAX Acclaimed Properties
List Price
$169,900
Sold Price
$185,000
Premium/Discount to List
$15,100
8.89%
Current Estimated Value
$290,568

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,568
Avg. Annual Appreciation
9.08%
Original Mortgage
$176,225
Outstanding Balance
$159,202
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$129,969

Purchase Details

Listed on
Jul 14, 2020
Closed on
Aug 11, 2020
Sold by
Combs Kristie L and Eder Patrick J
Bought by
Five Star Investment Group Llc
Seller's Agent
Deborah Foutch
Owen County Home Company
Buyer's Agent
Michelle Papp
RE/MAX Acclaimed Properties
List Price
$169,900
Sold Price
$185,000
Premium/Discount to List
$15,100
8.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,225
Outstanding Balance
$159,202
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$129,969

Purchase Details

Closed on
Jan 6, 2016
Sold by
Edger Richard J and Edger Carole L
Bought by
Eder Richard J
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ranard Tamra S -- None Available
Five Star Investment Group Llc $185,000 Bethel Title Company
Eder Richard J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ranard Tamra S $176,225
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2020 08/11/20 Sold $185,000 +8.9% $62 / Sq Ft
07/19/2020 07/19/20 Pending -- -- --
07/14/2020 07/14/20 For Sale $169,900 -- $57 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,121 $286,600 $45,500 $241,100
2023 $1,452 $199,300 $41,200 $158,100
2022 $1,413 $177,600 $36,800 $140,800
2021 $2,490 $147,500 $34,400 $113,100
2020 $2,314 $139,000 $34,300 $104,700
2019 $976 $114,200 $34,000 $80,200
2018 $2,174 $119,300 $32,500 $86,800
2017 $1,024 $116,600 $34,900 $81,700
2016 $1,066 $118,800 $36,000 $82,800
2014 $936 $110,900 $36,900 $74,000
2013 -- $108,600 $34,000 $74,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202027267

Indiana Regional MLS

APN: 60-07-14-300-100.000-029